GOVERNMENT OF
PAKISTAN
MINISTRY OF
FINANCE, REVENUE AND ECONOMIC AFFAIRS
( REVENEUE
DIVISION )
NOTIFICATION
Islamabad, the
9th June, 1994
CUSTOMS
S.R.O. 504 (I)/94.- In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969) and in supersession of this Minitry's Notification No.S.R.O.479(I)/92, dated the 14th May, 1992, the Federal Government is pleased to exempt raw materials, sub-components and components as are not manufactured locally imported for the manufacture of goods specified in Table-I below, from so much of customs duties leviable under the First Schedule to the said Act as are in excess of the Table-II below, subject to the following conditions, namely:-
(i) the components are in such knocked down condition as is approved by the Government in case of each item appearing inTable-I;
(ii) the manufacturer has suitable in-house facilities for progressive manufacture of the goods in respect of which he claims exemption under this Notification;
(iii) the manufacturer shall furnish to Chief, Survey and Rebate, Central Board of Revenue, or any officer authorized in this behalf, in the prescribed form, the list of goods that he is manufacturing or intends to manufacture alongwith the details of raw materials, sub-components and components required. The Chief or such authorized officer in consultation with the Collector of Customs, Central Excise and or Sales Tax shall certify the annual capacity of the unit for the manufacture of such goods and total require-ments of various types of raw materials, sub-components and components alongwith the quantity required for the manufacrture of each item;
(iv) the manufacturer shall chalk out deletion programme spreading over a maximum period of five years within which period he shall achieve a minimum deletion in the manufacture of items to the extent of 75% of the C&F value of the inputs of the manufactured items and continued availability of the exemption under this Notification shall be contingent upon the achievement of progressive annual deletion as approved by the Central Board of Revenue and Ministry of Industries; and
(v) at the time of import of raw materials, sub-components and components, the manufacturer shall make a written declaration on the bill of entry to the effect that raw materials, sub-components and components have been imported in accordance with his entitlement in terms of condition (iii) and that he has achieved deletion level in accordance with condition (iii);
(vi) at the time of import the manufacturer shall furnish to the Collector of Customs an indemnity bond alongwith post-dated cheque of the amount equivalent to the customs duties and sales tax exempted, to abide by the conditions laid down in the notifiation failing which he shall pay customs duties and sales tax leviable on each consignment in addition to any other penalties that may be imposed by the Collector of Customs in this behalf;
(vii) the manufacturer shall maintain record of the inputs and goods manufactrured out of them in such form as may be prescribed by the Central Board of Revenue;
(viii) the manufacturer shall, within one year of the date of filing of bill of entry for home-consumption relating to raw materials, sub-components and components shall apply to the Collector of Customs for discharging the indemnity bond and post-dated cheque, the application being supported by a certificate in the Form set out below, issued by the Assistant Collector of Customs and Central Excise within whose
jurisdiction the manufacturing unit is located; and
(ix) in case Assistant Collector of Customs and Central Excise, is not satisfied regarding the consumption of imported inputs or use of locally produced deleted inputs, he shall reprot his findings to the Collector of Customs concerned who shall initiate proceedings for encashment of bank guarantee or post-dated cheque and penal action for making false declaration
Explanation.- For the purposes of this notification the expression
"not manufactured locally" shall mean the goods which are not
included in the list of locally manufactured goods, specified in the General
Order, issued by the Central Board of Revenue.
TABLE - I
S.No. Description
of goods.
(1) (2)
1. Airconditionrs.
2. Washing
machines.
3. Deep
freezers/refrigerators.
4. Electric
irons.
5. Electric
shavers.
6. Electric
toasters.
7. Electric
water coolers.
8. Fan
heaters.
9. Hair
dryers.
10. Stereo
deck cassette recorders, tape recordrs and cassette players.
11. Vacuum
cleaners and foot polishers.
12. Infra-red,
halogen and energy saving lamps.
13. Coffee,
tea and ice cream makers.
14. Egg
beaters.
15. Electric
ovens and grills.
16. Deep
fryers.
17. Micro
wave ovens.
18. Electric
cooking ranges..
19. Gas
heaters and other domestic gas appliances.
20. Tube
lights and Fluorescent bulbs.
21. Electric
bulbs.
22. Electric
recharging lights.
23. Electric
and electronic fans.
24. Any
other item approved by the Central Board of Revenue.
25. Food
Grinders, Choppers, Blenders, Processors and Mixers.
26. Fruit
and vegetable juice extractors.
27. Vaccum
flask,
28. Radios
other than car radios and audio systems
29. Telephone
sets.
30. Televisions.
31. Audio
Cassette Player.
S.No. Description of inputs. Rate
of duty
1. Raw
materials. 5%
2. Sub-components
and components. 10%
Explantion: Vendors
and manufacturers manufacturing components of goods mentioned in Table-I for
in-house use or sale, as the case may be, shall be entitled for import of raw
materials and sub-components as are not manufactured locally at concessionary
rates under this notification subject to fulfillment of conditions as
aforesaid. They shall maintain record
of the sale of the manufactured components in the Form-II set out below and
shall produce, on demand, such record and other evidence of sales as may be
required for inspection by an officer of Customs not below the rank of
Assistant Collector of Customs in whose jurisdiction the manufacturing unit is
located or nay other officer authorized by the Central Board of Revenue in this
behalf.
Certificate
No.___________________________ Dated______________________
It is certified that the raw materials,
sub-components and components imported by_________________under Notification
No.
(Name of the manufacturer/vendor)
No.S.R.O.______________dated_______________and
released vide bill of entry No.____________dated_________________have been used
for the manufacture of _______________________in accordance with the scale laid
down by the Chief, Survey and Rebate vide certificate No.______ dated____________
I am also satisfied that all the deleted
sub-components and component have been manufactured locally.
Assistant
Collector
Name
and official stamp
Register of sale of components manufactuured
from raw materials and sub-components imported under Notifiction No.S.R.O._____
dated_____________________.
Sr.No. Name and address of buyer Date of sale Components sold Quantity No. and date of the consumption
certificate
(1) (2) (3) (4) (5) (6)
(C.No.6(17)/93-CB).
(
RIAZ HUSAIN NAQVI )
Additional Secretary
[As amended.]
S.R.O.595(I)/94, - dated
09.06.1994
S.R.O.623(I)/94, - dated
22.06.1994
S.R.O.645(I)/94, - dated
30.06.1994
S.R.O.659(I)/94, - dated
03.07.1994
S.R.O.891(I)/94, - dated
13.09.1994
S.R.O.928(I)/95, - dated
20.09.1995
S.R.O.523(I)/96, - dated
13.06.1996
S.R.O.209(I)/97, - dated
28.03.1997
S.R.O.323(I)/97, - dated
09.05.1997
S.R.O.545(I)/98 - dated
12.06.1998
S.R.O.696(I)/99, - dated 12.06.1999